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Purchasing Accounting Services - Procurement Research Report

Accounting Services price data and market research for sourcing professionals

Date Published: December 2017

Overview

ProcurementIQ’s Accounting Services Procurement Research Report offers purchasing insight into the Accounting Services market. Our analysis dissects pricing trends and the supply chain, including highlighting key suppliers and their financial benchmarks. The report also provides key pieces of take-away intelligence, such as negotiation question preparation and a buying decision scorecard, which includes factors weighted according to their importance in the decision-making process.

Accounting Services - Recent Price Trend

The price of accounting services has been growing at an estimated annualized rate of 1.4% in the three years to 2017. An increase in office space rentals, which have gone up in line with higher demand for office space and surging real estate values, has prompted suppliers to raise rates for services in order to protect their profit margins.However, rising demand for services has been the primary.

Accounting Services - Total Cost of Ownership

The total cost of ownership is moderate for accounting services. On average, buyers can expect to pay between 50.0% and 100% of the benchmark price per year for additional costs. The majority of these expenses stem from acquisition and setup costs. Buyers must take the time and resources to carefully filter through and select from a large array of suppliers. Once a supplier is chosen, buyers.

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About this Report

This report is intended to assist buyers of accounting services. Accounting services include financial statement preparation, valuation services, capital budgeting planning, cost accounting, accounting standards compliance and other accounting advisement services. Service providers include small, midsize and large accounting firms that employ accounting professionals that often have Certified Public Accountants (CPA) certifications. Buyers are private or public companies, nonprofit organizations, as well as federal, state and local government agencies. This report does not include auditing services, bookkeeping services, billing services, tax accounting, payroll accounting or inventory accounting.